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Center Bancorp CNOB Proceeds From Sale Of Loans Held For Sale

Proceeds From Sale Of Loans Held For Sale at other companies

Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$101.13M+678%
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First Financial BancorpFFBC
$562.75M+542%
FB Financial logo
FB FinancialFBK
$307.31M+34.1%

Other financials

Income statement

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Revenue$73.4M
Net income$37.8M+86.8%
EPS (diluted)$0.75

Balance sheet

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Cash & equivalents$344.5M+17.7%
Total debt$858.0M+36.7%
Total equity$1.6B+27.0%
Total assets$14.2B+45.6%

Cash flow

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Operating cash flow$15.3M+2.9%
CapEx$1.3M+389%
Free cash flow$14.0M-4.1%

Valuation

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Market cap$1.66B+44.3%
Enterprise value$2.18B+46.6%
P/E17×+2.0×
P/S5.8×

Profitability

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Net margin44.8%
FCF margin57.3%

Returns & leverage

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Return on equity6.9%+0.7pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Center Bancorp in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfLoansHeldForSale.

The official record: Center Bancorp’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Center Bancorp's proceeds from sale of loans held for sale?
Center Bancorp (CNOB) reported proceeds from sale of loans held for sale of $7.55M in Q1 2026.
How has Center Bancorp's proceeds from sale of loans held for sale changed year-over-year?
Center Bancorp's proceeds from sale of loans held for sale increased by 6.4% year-over-year, from $7.09M to $7.55M.
What is the long-term trend for Center Bancorp's proceeds from sale of loans held for sale?
Over 4 years (2021 to 2025), Center Bancorp's proceeds from sale of loans held for sale has grown at a -18.0% compound annual growth rate (CAGR), from $72.23M to $32.68M.
What does proceeds from sale of loans held for sale mean?
This represents the total cash inflows received from the sale of loans that were specifically originated or acquired for the purpose of resale. It reflects the volume of loan production that the bank is successfully offloading to the secondary market. This metric is a primary indicator of the bank's mortgage banking or loan brokerage activity levels.